TechFlow news — On January 21, according to foreign media reports, U.S. President Trump discussed the Federal Reserve during his speech at the World Economic Forum in Davos. Trump explicitly stated that his nominee for Fed Chair will be a man, consistent with the current reported shortlist: White House economic advisor Kevin Hassett, Federal Reserve Governor Chris Waller, former Fed official Kevin Warsh, and BlackRock executive Rick Rieder. Trump said, "I will announce a new Fed Chair in the near future. He will be a man. I think he'll do a great job and will be someone highly respected."
Additionally, Trump added, "Every interview with the Fed chair candidates was excellent. But the problem is, once someone takes office as Fed Chair, they tend to change their stance, which is somewhat disloyal. It's astonishing how much someone changes once they obtain the position of Fed Chair. In any case, Fed Chair Powell has been too slow on interest rate moves. I hope the new Fed Chair will fulfill his duties properly." (Jinshi)
